Month

March 2014

Mexico City / MX. (gb) Grupo Bimbo announced that it has received approval from the U.S. Department of Justice to acquire Canada Bread. The Company still awaits the approval from the Canadian Minister of Industry for the closure of the acquisition.

Montreal / CA. (si) Saputo Inc. announces measures aimed at improving its operational efficiency. Saputo will close four of its facilities, two in Canada, in Wetaskiwin and Glenwood (Alberta); as well as two in the USA, in New London (WI) and Hancock (MD).

Oak Brook / IL. (mdc) McCafe invites coffee drinkers across the U.S. to stop by their local McDonald´s restaurant for a freshly brewed small McCafe coffee during McDonald´s first-ever national Free Coffee Event. Free McCafe coffee is available for a limited time.

Longueuil / CA. (ap) The Boards of directors of Dairytown Products Limited and Agropur Cooperative have concluded an agreement in principle to merge the two organizations. Within the next few weeks the two organizations should reach a final agreement.

Chicago / US. (mi) While many nut-based and sweet spreads already have very high household penetration rates and have become pantry staples, new research from Mintel reveals that there is still room for growth, especially related to ingredient ...

McLean / VA. (mi) Paul S. Michaels, President of Mars Incorporated since 2004, recently informed the Mars Board of Directors of his plan to retire on December 31, 2014. Now the company announced that Grant F. Reid has been named to take over on January 02, 2015.

Toronto / CA. (ml) Maple Leaf announced changes to its organizational structure and leadership that will be effective upon completing the sale of its 90 percent ownership in Canada Bread to Grupo Bimbo, which is expected to occur in the second quarter.

Sao Paulo / Minneapolis. (cs / cg) Copersucar and Cargill will combine their global sugar trading activities into a new joint venture that will originate, commercialize and trade raw and white sugar. The joint venture will have a global footprint.

McLean / VA. (mi) Mars opened the doors of a new, state-of-the-art, roughly 500'000-square-foot facility in Topeka, Kansas. The facility will help the company meet the demands of consumers for the next 50 years by producing «M+Ms» and «Snickers» sustainably.